Intesa Sanpaolo finalizes acquisition of First Bank in Romania

The image accompanying the news on the closing of the purchase operation of First Bank in Romani portrays an aerial view of the architectural structure of Bucharest in Romania

Intesa Sanpaolo has successfully completed the acquisition of Romanian First Bank from the US-based private investment fund J.C. Flowers & Co., after having obtained all the necessary approvals from regulatory authorities.

The acquisition enables Intesa Sanpaolo to more than double its presence in Romania – where it is already active through Intesa Sanpaolo Bank Romania and bolsters the Group’s competitive positioning in the local market, making it one of the top 10 banks in the country.

“Strengthening our presence in Romania will boost Italian and foreign investments in the country, enhance trade, and support the internationalisation of SMEs. Our growth will stimulate innovation in the sector, benefiting households and businesses”.


Marco Elio Rottigni, Chief of the International Subsidiary Banks Division